A report by the Conference Board of Canada has revealed that Canadian Immigration and Citizenship would need to increase their migration program to by 110,000 places every year by 2025 if it is to fully address the country’s crippling labour shortages; a move that would see a total of 360,000 new migrants enter the country every year.
According to the report, over 15 per cent of the Canadian workforce is approaching retirement, being over 55 years of age, with only 2.7 young Canadians entering the workforce for every 5 retirees.
A growing shortage in the labour market could soon see a need for a greater intake of workers with Canadian skilled visas, a demographic which is already responsible for some 20 percent of the national workforce.
One of the suggestions made by the CIC was that the government adjusts policy so that an increased number of temporary workers can become permanent residents. In 2007, some 250,000 migrants were temporary workers, whilst a further 75,000 arrived on student visas.
Recently, the Canadian government took a step towards solving the country’s workforce issues by allowing the minister for immigration the power to fast-track applications for migrants with particular skills.
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